The company will focus on its biggest divisions: aviation, power and healthcare.
GE Corporation’s new Chief Executive John Flannery will reveal a plan for the company on Monday, focusing on three of its biggest divisions: aviation, power and healthcare.
The Wall Street Journal reported that the while the new road map doesn’t include radical restructuring of the 125-year-old industrial giant, it does indicate that the company will be pulling back from its transportation unit as well as GE Lighting (a line which can trace roots back to Thomas Edison). In fact, the CEO will likely exit all operations outside of the three divisions being newly focused on.
